Replies to post #24769 on InterDigital Inc (IDCC)

[boogie]

Danny...Ironically...the ones who vote NO might be harming the shareholders..( where they believe now they are saving us all from dilution)

1.) It could force their hand to maximize Price per share and sell the company before they have time to grow it

2.) It could keep them from growing the company internally and externally....

No replies needed about greedy mangement and excessive dilution....I just dont buy it.....

I will say for a company that has greedy execs and unfair option plan....

IT SURE FEELS NICE TO BE IN A STOCK AT A 3 YEAR HIGH....

How many other holdings do you have in the same boat???

[0nceinalifetime]

Danny, in my opinion, these are the clear warning signs that a top is approaching:

"They truly do have momentum on their side .. momentum of their own creation in many respects. Their morale is high and infectious."

Just when you think everything is great is when it will all start to unravel. Mark my words.

Once

[yarxxx]

I say you're 110% correct and I will vote yes, also. I suspect they have a positive use in mind for the options other than their own pockets. ray

[Corp_Buyer]

Danny- We owe it management and to shareholders to make a reasoned and responsible decision as to the requested pay increase (5M more ISO shares)

Whether or not ...
* there is "momentum on their side";
* the stock is at a 3 year high point;
* the CC met our expectations;
* Q1 was good;
* there is good news in the near future;
* you have total trust in management;
* we know the business plan of the company in detail;
* the fundamentals are strong;
* we expect greater than average stock price appreciation;
* we decide individually to buy, sell, or hold our stock;
* etc.;

such factors are separate from our reasoned good judgment as to putting in place ANOTHER long term significant pay increase for employees at the company at great cost to shareholders (us).

The requested 5M ISO increase will probably amount to many 10's if not 100's of millions of dollars to a small number of folks PERSONALLY.

So, is this added cost to shareholders really necessary? And, to what extent might this potential PERSONAL windfall be affecting their behavior?

I think this large pay increase is not needed nor desirable given the already very generous pay package we owners have already put in place at IDCC.

The BoD works for us and thereby the executives work for us. We owe it to them and to shareholders to make a reasoned and responsible decision as to the requested pay increase. Management is asking us for a long term pay raise at great cost of dilution to shareholders (you and me). Shareholders have already incurred a 50% cost in potential dilution and the added 5M shares will increase that cost to 60% (based on shares outstanding just 4 years ago).

IMO, NO more pay raises are needed at this time so I will therefore vote "NO" on proposition #2 and I urge all shareholdrs to do the same.

Best Regards,
Corp_Buyer

[F6]

Danny -- I still have consultations scheduled next week with others in my group, but the substance of what you have just said, and of what others including sophist have recently said, coincides closely with my current thinking on 2, and has pretty much clinched my/our "yes" on 2 (pending next week's consultations, during which I'm confident the others in my group will find such thinking vastly more persuasive than the sort of 'thinking' so feverishly propounded by the more noisy of the anti-2 posters). Thanks.